Rishi Sunak provided additional support for workers and those looking to get a mortgage today. He detailed that a bonus scheme would be set up to encourage employers to keep on staff and stamp duty will only be levied on property worth over £500,000.
“While considering measures to kick-start the economy, we also call on the Chancellor to adopt policies that will back those groups, like limited companies and the newly self-employed, who missed out on support during lockdown.”
“Freelancers will be vital in getting the UK back to business, but if they are to play their part, they must get a fair deal and the backing they need from the government.”
In late May the government announced that the self-employment scheme would be extended into August with slightly reduced support.
A second, and final, grant will be able to be claimed come August.
As the scheme was extended, Rishi Sunak had the following to say: “Our top priority has always been to support people, protect jobs and businesses through this crisis.
“The furlough and self-employment schemes have been a lifeline for millions of people and businesses.
We stood behind Britain’s businesses and workers as we came into this crisis and we stand behind them as we come through the other side.
“Now, as we begin to re-open our country and kick-start our economy, these schemes will adjust to ensure those who are able to work can do so, while remaining amongst the most generous in the world.”